1 week Ago By Defense World Staff
LPL Financial LLC cut its holdings in shares of ABM Industries Incorporated ( NYSE:ABM – Free Report ) by 24.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,409 shares of the business services provider’s stock after selling 2,403 shares during the period.
LPL Financial LLC’s holdings in ABM Industries were worth $379,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other hedge funds have also bought and sold shares of the company. SBI Securities Co.
Ltd. purchased a new position in shares of ABM Industries during the 4th quarter valued at approximately $33,000. Adirondack Trust Co.
lifted its position in ABM Industries by 28.6% in the fourth quarter. Adirondack Trust Co.
now owns 900 shares of the business services provider’s stock valued at $46,000 after buying an additional 200 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in ABM Industries by 193.2% in the 4th quarter.
Smartleaf Asset Management LLC now owns 903 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 595 shares during the last quarter. KBC Group NV lifted its stake in ABM Industries by 60.9% during the 4th quarter.
KBC Group NV now owns 2,819 shares of the business services provider’s stock worth $144,000 after acquiring an additional 1,067 shares in the last quarter. Finally, Cable Hill Partners LLC purchased a new position in shares of ABM Industries in the fourth quarter valued at approximately $231,000. Hedge funds and other institutional investors own 91.
62% of the company’s stock. Analyst Upgrades and Downgrades Separately, UBS Group cut their target price on shares of ABM Industries from $56.00 to $50.
00 and set a “neutral” rating on the stock in a research note on Thursday, March 13th. Insiders Place Their Bets In related news, COO Rene Jacobsen sold 10,000 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $52.
84, for a total transaction of $528,400.00. Following the completion of the sale, the chief operating officer now directly owns 87,808 shares of the company’s stock, valued at $4,639,774.
72. This trade represents a 10.22 % decrease in their ownership of the stock.
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link . 0.90% of the stock is currently owned by insiders.
ABM Industries Price Performance Shares of NYSE:ABM opened at $48.33 on Friday. ABM Industries Incorporated has a 12 month low of $40.
85 and a 12 month high of $59.78. The company has a debt-to-equity ratio of 0.
73, a current ratio of 1.33 and a quick ratio of 1.33.
The firm has a market capitalization of $3.01 billion, a P/E ratio of 38.06, a P/E/G ratio of 2.
75 and a beta of 1.05. The company’s fifty day moving average price is $48.
44 and its 200 day moving average price is $52.01. ABM Industries Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th.
Stockholders of record on Thursday, April 3rd will be issued a $0.265 dividend. This represents a $1.
06 annualized dividend and a dividend yield of 2.19%. The ex-dividend date is Thursday, April 3rd.
ABM Industries’s payout ratio is currently 84.13%. ABM Industries Company Profile ( Free Report ) ABM Industries Incorporated, through its subsidiaries, engages in the provision of integrated facility, infrastructure, and mobility solutions in the United States and internationally.
It operates through Business & Industry, Manufacturing & Distribution, Education, Aviation, and Technical Solutions segments. Featured Articles Five stocks we like better than ABM Industries What to Know About Investing in Penny Stocks Markets Think Robinhood Earnings Could Send the Stock Up What Are Dividend Achievers? An Introduction Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains? How to Invest in the Best Canadian Stocks AT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround Want to see what other hedge funds are holding ABM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ABM Industries Incorporated ( NYSE:ABM – Free Report ).
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